In­ter­est Rates on De­posits and Loans in Be­larus in 2016

Economy of Belarus - - BANKS AND FINANCE -

The av­er­age in­ter­est rate on new re­tail loans in Be­laru­sian rubles is­sued for more than 1 year was 18.4% in Oc­to­ber 2016. It was 21.6% in Oc­to­ber last year and 22.2% in Jan­uary-de­cem­ber 2015. The in­for­ma­tion is avail­able on the web­site of the Na­tional Bank of Be­larus.

The av­er­age in­ter­est rate on new bank de­posits in the na­tional cur­rency (more than 1 year) for in­di­vid­u­als was 16.9% in Oc­to­ber 2016 as against 28.6% in Oc­to­ber 2015.

Ac­cord­ing to the Na­tional Bank, in Jan­uary-oc­to­ber 2016 the dy­nam­ics of in­ter­est rates on the mar­ket of loans and de­posits (for in­di­vid­u­als) was as fol­lows:

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